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Renovated Multifamily Building Opportunity
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3225 W Division St, Chicago, IL 60651

Fourteen apartment units with renovated interiors, private balconies, and one bathroom per unit in a fee-simple acquisition.

Property Size20,400 SF
Days on Market122

Property Features for 3225 W Division St

General Information

Standard status Active
Size 20,400 SF
Property subtype Multifamily

Additional Details

Multifamily Units 14

Amenities

private balconies

Building Details

Tenancy Multi
Listing Agency: Greenstone Partners
Listed By: Brewster Hague · License #IL 475.165689
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 6:25PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Greenstone Partners

Investment Insights

Based on property information with market context.

This fee-simple multifamily property totals 120,400 gross square feet and offers fourteen apartment units, including six three-bedroom units and eight two-bedroom units, with one bathroom per unit. The apartments have recently been renovated with quality finishes, stainless steel appliances, quartz countertops, and private balconies.

The property includes pantry/utility closets in each unit, creating an additional opportunity for an investor to install condensers to support air conditioning and laundry in each apartment.

The surrounding area includes access to Humboldt (Alexander Von) Park and is located approximately 1 mile south of The 606, along with proximity to Humboldt Park Health.

Key Highlights

  • Fee‑simple acquisition of a 20,400 gross SF multi‑family building at 3225 W. Division Street in Chicago’s Humboldt Park neighborhood
  • 14 apartment units: six 3‑bedroom units and eight 2‑bedroom units, each with 1 bathroom per unit
  • Recently renovated interiors with quality finishes, stainless steel appliances, quartz countertops, and private balconies

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Locksmith (Bike/Boat/Book/etc) Store Pet Grooming Service Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,718
Businesses Nearby

Demographics for 60651, IL

62,819
Population
22,885
Households
2.7
Avg Household Size
36
Median Age
16%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
17,948
Density / Sq Mi
$52,963
Median Household Income
$33,783
Median Earnings
$1,186
Median Rent
$262,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fourteen apartment units with renovated interiors, private balconies, and one bathroom per unit in a fee-simple acquisition.
Where is this apartment building located?
The property is located at 3225 W Division St Chicago, IL.
What are key features of this property?
This property features: Fee‑simple acquisition of a 20,400 gross SF multi‑family building at 3225 W. Division Street in Chicago’s Humboldt Park neighborhood; 14 apartment units: six 3‑bedroom units and eight 2‑bedroom units, each with 1 bathroom per unit; Recently renovated interiors with quality finishes, stainless steel appliances, quartz countertops, and private balconies
(312) 614-1498 Call to check price and availability
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